Efficiency and incentive in regulatory regimes based on financing mechanisms: a physical and financial modeling of household waste management in France, Denmark and Greece.

Summary Our research aims to highlight how regulatory regimes based on new financial arrangements generate performance that sometimes deviates significantly from objectives formulated in physical terms. To do so, we rely on an empirical investigation of household waste management regimes in three European countries: France, Denmark and Greece. The core of the approach is a joint modeling of the physical and financial flows set in motion by a given regime, given its constitutive rules. The simulations carried out allow us to draw lessons on the incentives to be introduced to achieve the objectives. They also illustrate the role of modeling and shed light on the strengths and/or weaknesses of each scheme. The main methodological lesson learned from the thesis is that it is necessary to pay attention to the incentives incorporated in a new regulatory regime, beyond the financial dimension.